Entain Plc (OTCMKTS:GMVHF) Given Consensus Recommendation of “Buy” by Brokerages

Entain Plc (OTCMKTS:GMVHF) has earned an average recommendation of “Buy” from the five brokerages that are presently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy recommendation.

GMVHF has been the topic of a number of analyst reports. Morgan Stanley reissued an “overweight” rating on shares of Entain in a research note on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Entain in a research note on Friday, May 15th. Finally, BNP Paribas Exane started coverage on Entain in a report on Thursday, May 14th. They issued an “outperform” rating for the company.

Entain Stock Down 1.8%

Shares of GMVHF stock opened at $7.02 on Tuesday. Entain has a 52-week low of $6.74 and a 52-week high of $13.88. The firm’s 50 day moving average price is $7.55 and its two-hundred day moving average price is $7.87.

Entain Company Profile

Entain PLC, trading in the US over-the-counter as GMVHF, is a global sports-betting and gaming group offering both online and retail wagering services. Through a portfolio of well-known brands—such as Ladbrokes, Coral, bwin, PartyPoker and PartyCasino—the company provides sports betting, casino, poker, bingo and esports products to customers in regulated markets worldwide. Entain’s platforms support multiple channels of distribution, combining digital technology with a network of retail shops in the United Kingdom, Ireland, Spain, Italy and Germany.

Founded in 2004 under the name GVC Holdings, the business expanded rapidly through strategic acquisitions and the development of proprietary technology.